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Boat dealers sell new or used boats, or both, in combination with other activities, such as repair services. They may also sell new or used boat engines, trailers, marine supplies, and parts and accessories. A single dealer may sell several brands of boats and boats of different sizes and types. ranging from personal watercraft to large yachts.
West Marine today reported a 12.1 percent increase in first-quarter revenue, to $127.1 million, from the same quarter last year and a 13.3 percent hike in comparable-store sales.
Fiscal second-quarter revenue grew more than 26 percent at MarineMax to $172.1 million from $136.6 million in the same quarter last year. Same-store sales grew more than 27 percent compared with a 16 percent decline in the quarter a year earlier.
Freedom Boat Club is partnering with two organizations in southwest Florida in an initiative to support marine wildlife conservation, including the Mote Marine Laboratory and the Pine View School.
West Marine announced its 2015 “Deck Out Dad” promotion, which runs from May 11 to June 19, with the winner announced the week after Father’s Day.
Marinas in the Northeast are scrambling to catch up after the weather finally shifted from the long, frigid winter into spring.
MyTaskit, which provides an online task-sharing and service coordination platform, said 11 new boating businesses signed up for MyTaskit Pro.
KCS International, the owner of Cruisers Yachts, said it has a new long-term sales and service agreement with Galati Yacht Sales of Houston.
Yacht brokerage company Freedom Marine Group is being acquired by Technomarine Group, a 35-year-old marine company based in North Palm Beach, Fla.
MarineMax Houston said it will host the MarineMax Mobile Boat Show at April Plaza Marina on Lake Conroe on Saturday and Sunday.
West Marine is opening a flagship store in Chicago and grand-opening events will begin April 23 and continue through April 26.